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changed the dialogue from not my version of government is better than yours to the belief government isn't right. the person who believes the government is a workable instrument as to fight to a resistant to that. during the depression and the dust bowl during the second world war and other periods we have had a sense of shared sacrifice to get things done that democracy is the politics of the half love. not everybody gets everything. when we realize we are going to have to give it up it is given up in the back roomgz i think this take no prisoners my way or the highway attitude shows an incredible lack of the awareness of what it means to govern in the united states. >> and what government should do to help people particularly in a distressed economy and what the limits are before you infringe on personal freedom. >> that's right. every decade has an example of it. we have to find the balance i think. history is a good ally in that in so far as we do not see government as all bad or all good. in that balance has been the most spectacular history. our government has been a force for good
and the great government consulting as they pick the products to bring a lot of innovation to san francisco. cory? give cory a round of applause. [applause] >> thank you, chris. thank you so much for all of your hard work, chris. none of this could be possible without your efforts. good evening. the good government awards are incredibly important in san francisco. it's a chance for us to honor the tremendous work that happens in the city and also to honor the individuals who are responsible for some of that success. congratulations to all of our honorees. we're very grateful for your work. let's give a hand for them. [applause] the good government awards also support spur's good government work. it is a central part of our mission. our agenda is admittedly ambitious. we analyze every local measure on the san francisco ballot, which until recently was a pretty formidable task. we participate in most of the major issues of city government from pension and payroll tax reform to some of the most important discussions on how we fund a lot of our public services, whether that finding different re
of slavery? well, last week the federal government as it does, you know, once or twice a year came out with its latest figures on birthrights. and in particular on one i'm going to point to is the illegitimacy rate or out-of-wedlock births. here they are. 72.3% of african-americans now are born out of wedlock. 72.3%. american indians, 66.2%. latinos, it's 53.3%. for whites it's still pretty high, but it's 29.1 percent. and for asians it's 17.2%. so in other words, seven out of ten, six out of ten, five out of ten for blacks, american end yangs and latinos. these are the so-called underrepresented minorities that get racial preferences. and then fewer than three out of ten and fewer than two out of ten for whites and aiz items -- asians, people who are typically discriminated against. it is no accident that these figures line up quite well with how well different groups are doing not only in terms of education, but in terms of crime and, you know, whatever social indicator you want. that is the real problem. and, of course, that is not going to be fixed by racial preferences and univers
boundary to implement. the order required the government to obtain a warrant and show probable cause. these are the same basic commonsense protections we've had in place for other types of searches. this development required individualized and particular orders from the fisa court to conduct investigations. let's fast forward to 2001. president bush decided in secret to authorize the national security agency to start a new program of warrantless surveillance inside the united states. this is in complete contravention of the fourth amendment and complete contravention of the law at that time. as i'm sure and many of my colleagues will certainly recall this was revealed to the american public four years later when it was reported in "the new york times" in 2005. and in response after years of back and forth contentious debate, congress passed the fisa amendments act, the bill that we are considering on this floor today. we're considering a reauthorization. this law gave the government new surveillance authorities, but it also included a sunset provision to ensure that congress ex
and from the private sector come to government thinking that a lot of our ideas and methods of success in the private sector are directly applicable to how we do work in government, and it's a different problem to solve frankly. it's something i have to relearn frequently that the large company i came from was a large monolithic corporation and 1ceo and pyramid up and trickled and everyone did what they did. government as you know we're are a highly decentralized independently elected, independently operated with our boards and commissions. as much as i would like to say i had the authority or will or desire to cast my will on the organization and have things happen it's not as simple as that, so a lot of my jobs and our jobs come down to partnership and discussion and consensus building and meetings and more meetings and unfortunately that takes more time than a linear top down structure so when i talk at conferences -- i was at dream force not long ago and having lunch with people "i don't understand government and how this works". i spent time educating people how government is t
. they were passing right-to-work laws. they were receiving lots of funding from the federal government to build military installations at a time when the united states was involved in the cold war against the soviet union. so states like mississippi, states like georgia and texas and florida and southern california, arizona, north carolina are all being transformed in the post-world war ii period by this historic shift in population and political influence. just think about it. really does three from 1964 to two dozen eight could be thought of as kind of the carried of sun belt dominance in american presidential history. if you think about every president elected from 1964-2008 comes from a state of the sun belt. lyndon johnson from texas, richard nixon from california, gerald ford was never elected. he was not even elected vice president. he was a michigan. jimmy carter from georgia. ronald reagan from california. first george bush, texas by a connecticut. bill clinton from arkansas, and the second bush from texas. so 2008 is in some ways a watershed election. it is this 40 year perio
for circumstances when the government searches through its database of captured communications looking for information on individual american citizens. otherwise, by means of these so-called backdoor searches, the government may conduct significant warrantless surveillance of american persons. i believe this current practice is inconsistent with core fourth amendment privacy protections and needs to be reformed. during consideration of fisa in the judiciary committee, senator durbin and i introduced a bipartisan amendment to address this very problem. the language of our amendment is identical to that offered by senators wyden and udall during consideration of fisa by the select committee on intelligence. the amendment clarifies that section 702 does not permit the government to search its data base of fisa materials to identify communications of a particular united states person. in effect, it would require the government to obtain a warrant before performing such queries involving an american person's communications. the amendment is limited in scope. it excludes from the warrant req
. recall that in past years a couple decades ago when we became disenchanted with the government and military of pakistan, we cut off militaryoff assistance to the pakistani military and that led to very negative consequences so while some of these choices are very difficult, i am inclined in that direction of greater rather than lesser engagement. i don't think there's any point in just wiping our hands of these situations. lou: you talk about declining powers, does the obama administration's intelligence council in a new report i just referred to talk about the day which the united states will no longer be a superpower but the so-called first among equals.t m they project around 2030. your thoughts and your reckoning on whether or not you agree with that, they will come if not declining of other powers. >> i certainly think since the financial crisis back in 2007, 2008, there has been a tendency to write this down, if you will, but i think many of those assessmentsit have been unduly pessimistic and even downright wrong at times. we are still the most powerful economy in the wo
of sunnis staged mass protests against the shi-ite-led government. there were rallies in fallujah and ramadi, where protests already had erupted earlier this week. today, mosul, tikrit and samarra had demonstrations as well. protesters took to the streets waving flags and signs. they chanted slogans demanding fair treatment from the baghdad regime, and the release of sunni prisoners. shi-ite prime minister nouri al-maliki said the demonstrations were not acceptable. the government of china imposed tighter controls on internet usage today. now, china's 500 million web users will have to provide their real names when they register for internet service. and providers must delete any web content deemed illegal, and report it to authorities. leading writers and bloggers insisted it's a new way for china's communist leaders to censor their critics. >> ( translated ): since the internet came into china, the chinese government has been repeatedly imposing restrictive measures, such as shielding, blocking and banning. it has even spent billions of dollars to build a firewall against overseas sites.
of security among the population. right now we are relying upon congolese government to provide as security. in afghanistan, we've got a questionable partner in the karzai government. that has been difficult. we have a less than credible partner in the congolese government. in afghanistan, we have gone through these stabilization operations as an alternative way to provide security at the local level with the villages, communities, whereby we have been providing some arms and training to the local population there so that they can provide their own security. obviously, the karzai government has been opposed to that. are there any opportunities for any alternative strategies, given the nature of the in theese government any d drc, mr. affleck? >> i will yield to an expert fellow panelist year, but one of the -- the basic issue, and one that will go a long way and that i alluded to earlier, climbing some influence to president -- are applying some influence to president kabila so that payment is made to his troops. if there was one stroke of automatically improve people's lives, that would do
. back in 2003, i got medicaid payments by the government to help the state's struggling with their medicaid costs. $20 billion will able to spread across the states to help them because they were unable to meet the rising costs. in 2017, they're going to have a larger share of the costs. we need that is taken care of. they did not know what the cost was. they put a number in as a place holder and it looked like i was doing something for my state when i wasn't. i was trying to get it for all the states. that is what happened. i wanted to get it knocked out -- if people wanted an opt out. the supreme court gave that. this got used against me as though i was trying to do something i should not have. i was not. the interesting thing is i was asked to do this by the nebraska governor. i did not get a thank you from another governor, who was from another state. >> during that time, you experienced the radio talk-show host circuit and the cable tv circuit. what was that time like and what do you think the echo chamber in american politics today does? >> it is a difficult thing
of the confederation, that government is too weak so we are starting to write the constitution. this is where the second amendment obviously comes. how did this all develop? >> guest: nowadays it's become fashionable among the people that support them rights strongly to pick out this or that quotation from that leader like samuel adams or thomas jefferson or whoever and implied that in the second amendment is basically seen as a rate of the individuals to defend themselves and defend themselves against the government when it became tyrannical. that is a misunderstanding. it was a political matter in the second amendment. it was a part of what became the bill of rights, and the reason for it is that when -- after the unhappy experience of the articles of the confederation led the founders to try to figure out a better way of governing this country, they came up with a constitution that is full of checks and balances, but as it was submitted to the states for the ratification it became clear that they might not get the nine states they needed unless there were promises of still more controls ov
and the fact that we have risen to the governance of this country. the fact that we have changed the opportunity. last night, i have the opportunity to listen to an 86- year-old honoree at the gathering last night. she's had spoken about how her life was different and the opportunities that were denied because she was jewish. because of the efforts of norm and mike and your leade in, asiy are not denied opportunities because of where they come from. we are aspiring and we are leaving california and america in a new generation. -- leading california and america in a new generation. we have an obligation to lead in the 21st century. we are providing leadership in all areas that govern this country. technology, health, academia, commerce, art, entertainment, and government. today, we must come together, not only in celebration, but an acknowledgment of the work that lies ahead. we understand that this is a global economy. the opportunities are ones that we can only surpassed if we come together. we can win the future if we dream together, if we work together. as a society, as an eco
basically raise money to cover eight days of government spending, but you know, david and adam, we've had the letter from nancy pelosi. do you really believe it was a ploy to smoke out the republicans? because nancy pelosi in her letter is equating millionaires to big oil, special interest and corporations. why doesn't the g.o.p. capitalize on that they really want middle class tax hikes when they're talking about raising taxes on the 250,000 plus crowd >> well, i think speaker boehner and the republicans in the house would be able to get some democrats support for the millionaire tax increase which i don't think they did enough of and they had to call off that vote as we all know on that plan. but some democrats would support something like that, but we're talking here about the leadership speaker-- minority leader pelosi and you know, she, because now it's republicans proposing it, now they seem to be backing away. they might be able to get some conservative leaning or moderate democrats to support something like that. and the president, as we know, the white house has signaled they wou
we are going to have to get eight bigger truck. that's what the government is trying to do. borrow the way out of debt. it is impossible . it never worked in the history of the world . dr. art's curve works every single time. >> we are up against the end of the show. we have kelly wright and healther childers. play us out in the new year or satted afternoon with your song all of the gold in california . thank you for watching and here is it larry gatlin. >> never was appropriate. ♪ all the gold in california. ♪ is in a bank in the middle of beverly hills in somebody else's name. >> a fox news alert. senate leaders now holding crucial fiscal cliff talks on capitol hill rushing to come up with a last ditch agreement to avoid deep spending cuts and year end tax hikes affecting the lives of every american, i'm kelly wright. >> i'm heather childers in for jamie colby. the 11th he hour scramble after a crucial meeting on friday, between president obama and the leaders of the house and senate and urged lawmakers to urge them to do whatever it takes to cut a deal. >> i'm modestly opti
with the gold standard. now, what could the greek government have done? two greek prime ministers. one from 2004 to 2009. in greece, greece has had experience with that since 1974 after the expiration of parliamentary democracy. government, regardless of which party is in government, the accelerator to create some kind of flimsy growth, at some point it became clear that we had a cliff. our debt situation would get too much. and then we would hit the brakes. austerity. which creates increased unemployment. but nevertheless, the debt was manageable. they did this up until 2004. 2004 was accelerated because of the olympics. the next government should have stopped it. but unfortunately government is government. government kept the foot firmly on the accelerator. why? because german capital was flowing to the country at cheap rates, financing ponzi schemes. it is just like the subprime market here where people were coerced to take loans that could not afford. similarly in greece. so, you had executives coming to greece, bribing politicians. the greek government -- they did not listen. then 2008. the
of their recruiting. >> they realize this but it would be hard for any government agent to say i'm going to support a buy polar agent who is sleeping with an as lamb i can radical. >> in some ways it highlights those things more in terms of one person. through the whole journey of frost nixon, his relationship which garn in a small theater in london, then broadway, then a movie. the very first preview performance of frost nixon in a theater in london, the entire back row was lawyers, the third preview david there was having been given the all clear or told you should go see it yourself and he was shaken by it to begin w. for a man who is incredibly generous and warm and positive and supportive of everything, i think he felt very confused by how he should react to this. and as the whole thing went on as it started to become clear this was going to be a massive hit in terms of the play and the theater version of it, he started to get behind it because he's a very good business man and he started to go, well, okay, there is a certain amount of this i don't believe actually happened and is not true and
before they went into government. but about the queen and the family and lifting the vail. you thrift veil and this is an extraordinary world we've never seen inside of. so "the queen r queen" came directly from the deal. >> what did tony blair think of it? >> next question. >> i want to know president obama said "homeland" is his favorite show. my question is when you're dealing with live, real people who you are portraying or in the case of "homeland" or "24" when you're trying to deal with agencies that you are representing, what is that interaction like? we were talking a little bit in the room next door, maybe you can answer michael, how is tony blair's perception changed as a result of those films or the queen's perception changed in the minds of the public then we can talk about "homeland" and "24"? >> there are many things that you realize that you are working with when you do a film or a tv show that is -- has so much political emphasis. and one of the things is inevitably you come up against the agenda of people in terms of the agendas they have for looking at and judging po
originally called in response to set oralism in government, which i prefer -- secularism in government, which are for. a country which invites everyone into it, all religions and nationalities, must by definition be secular. any religious direction we choose is going to favor somebody, and i thought that is what we were trying to avoid. at least i thought that is what jefferson meant when he talked about religious freedoms. host: ok. caller: freedom from religion. host: when you go to vote in a presidential election or congressional election, what are the big factors in your decision? caller: usually economic. i did not consider -- i don't consider religion unless it interferes with some legislation. it plays a very little role in my life. host: would you call yourself unaffiliated religiously? caller: relatively i am an atheist. so, yes, i am unaffiliated. host: here is the "christian science monitor," their cover. the new face of faith. what is happening in new england, the countries most secular region, may have a future of american religion. traditional religions are seeing their ranks th
the government, of the moral condemnation. the answer in the double jeopardy clause it wants. >> starting monday, c-span is featuring supreme court's oral arguments before the war on the bench. all this week it 7:00 eastern time. listen in the baltimore area. for online c-span.org. >> brown university held the discussion about polls were saying before and after the 2012 presidential election. the associate research director explained. he also talked about the future of presidential polling. this is an hour. >> good afternoon, everyone i and the professor of public policy and director here at brown university. i am happy to welcome you to another installment of the speaker series. the luncheon speaker series is one of the of any event. it attempts to inform brown and a larger community about important matters related to government, politics, and public policy. over the years the speaker series has been a wonderful opportunity for the undergraduate students and masters did it a public policy to connect with of foreign- policy thinkers. we're just pleased this afternoon to welcome the associate dir
of paying for college has shifted from the federal and state governments to the families. the only type of financial aid that has elasticity is the loans. stafford loans have limits. parent + loans have no aggregate limit. it has nothing to do with the family's ability to repay the debt. the second aspect is the students and parents are chasing the dream, and they will sign whatever piece of paper is put in front of them without paying attention to the details. they figure they will figure out how to deal with it after they graduate. there are ways to reduce your debt such as attending and in state public college or a college with generous financial aid policies. that is one of the most effective ways to do that. once you're on campus, you can buy cheaper textbooks and sell them back to the bookstore. but that does not do as much as just going to a less expensive college. >> is the chasing the dream aspect something that in previous generations was possible and able to figure out after work, or is it in knowledge gap in terms of things have changed? why is it more of a problem now, or i
important single commodity. the south refuse to sell cotton unless the british and french government recognize its independence, which put tremendous pressure on europe to intervene in favor of the confederate. the european statesmen at the beginning of 1862, considered the unions caused to be hopeless. quote it is the highest degree likely that the north will not be able to subdue the south. british prime minister lord pomerance and told us for an officers. meanwhile, the lincoln government appeared overwhelmed. congress and the white house were in the hands of a political party that it never government before. the treasury department was broke. federal spending was multiplied as never before. in 1862, the u.s. government spent six times as much money as it spent in 1861. and where would it come from? northern banks, and an economic panic had closed their exchange windows in late december, refusing to redeem paper money. meanwhile, rebel soldiers menace washington from nearby manassas virginia where they had routed the union army a few months earlier. confederate artillery they atom
a denunciation of big government liberalism or big government programs. you can see his anti-communism is evolving, his cultural view is evolving. he has not yet gained or acquired the tax-cut philosophy which fit so nicely into his optimistic outlook of empowering individuals to determine their own lives. >> saturday night at 8:00 eastern, craig shirley on the political campaigns of ronald reagan, part of four days of american history tv, right through new year's day, on c- span3. >> you think of washington before the civil war. you think slavery was well entrenched. black people were miserable. that is not true at all. in washington, washington had about 30,000 people as a city. 12,000 of them were black. the majority free, no slaves. >> what led to the first race riots? jefferson morley recounts what happened, part of what today's through new year's day on c- span2's book tv. >> "washington journal" continues. host: damian paletta join us here at the table. thank you for joining us. this is the fourth time that congress has had a post- christmas lame duck session. what doe
for the foreign service officers even when they leave the particular position. they still held a government job. >> secretary of state hillary clinton still hasn't testified before congress about the benghazi attacks, because she suffered concussion after being ill. but they want her testimony before they hold any hearings to confirm her successor. >> before i want a new secretary of state, i would like for the secretary to come and testify about the culture. that is helpful to come in and understand what the thinking was at that time. >> john kerry in line for the next secretary of state says clinton will appear before the foreign relations committee in january. >> peter doocy, thank you. >> lisa jackson is stepping down after four years on the job. the tenure marked by the high-profile brawls over air pollution, keystone x.l. pipeline. and new controls on coal fired plants. they claim a recent decision by justice department to release thousands of the e-mails next month may have contributed to the resignatio resignation. leland vittert is following all the action. >> russia foreign minister w
the government can just let people build and build and build without some sort. of sort host: thank you. guest: you make a good point, but urban development in florida occupies 10% of the state. most of the -- most of the everglades is protected by state parks. if people want to protect more land, they could buy land and put it under conservation easily, but there is plenty of land available sphere without impacting the everglades in the awkward first. to say that we should confine people to 10% of the state, when you have one of the 3 or four most heavily populated states, means you are seeing newcomers are not welcome, existing renters can not buy houses, our children cannot buy houses. that is not the american dream, to stand in the way of our future. host: the book is entitled "american nightmare -- how government undermines the dream of homeownership. this is from drake cinders -- what land use restrictions would you approve of? guest: a buy support local homeowners imposing their own -- i would support local homeowners' imposing their own restrictions. this is how it works in houston, w
people, human rights and most importantly deserved democratic governance. shea stoked the flames in a peaceful way for a lasting change even among those already in a position of power. her efforts have helped lead us to where we are today. there has been a lot of advancement and debate in burma over the last two years and we must recognize and give thanks to all those who had the courage to lead and support the changes in burma including those in the present government. we also must honor and remember those who made the great sacrifices, imprisonments, lives lost, to get to where we are today. too many paid too high a price in the effort to bring about freedom and democratic governance in burma. it is with those people in mind, those who have sacrificed so much, to acknowledge the work that is not done yet. we must insure that the momentum and folds into sustained progress, into a permanent freedom and democracy. as much as i would like to believe that change that has occurred is irreversible, as much as i would like to revel in wind optimism and believe the battle for freedom wa
more memories i want to share. one deals with government and jazz. chris always wanted to work for the state department. he always wanted to be involved in the foreign service. he took the foreign service exam when we were undergrads at cal. he came back the first time, pleased with results on the written but felt he didn't do so well on the orals. the question that seemed to trip him up and left him perplexed was the following. mr. stevens, please compare american government and jazz music. chris told us he didn't quite know how to handle that question. my suggestion involved people blowing loudly on their horns or banging loud' on their drums was not terribly helpful. we decided to ask questions to trip up the applicant. we didn't have the internet to find a quick answer but figured it out. though chris may not have come up with the answer during that exam he certainly lived the message taught by this interesting comparison. both american democracy and jazz music involved ongoing experimentation. they involve unscripted action and improvisation as we figure out the best way t
of these talks, whether it was about government shutdown in the spring of 2011 or the debt limit debate in the summer of 2011 or the payroll tax-cut debate last year, those negotiations started at a level between the president and speaker but always broke down at that level and that pushed to the senate where harry reid and mitch mcconnell had to figure something out and get enough votes for it so they could give some cover to the house republicans, who were joined by a large majority of house democrats to get something done. the idea that we have come to this state is not necessarily surprising. that it has taken us so long to get there has probably frustrated everyone who wanted to take a holiday break. if mitch mcconnell wants to play ball, and i think there's a role for him to do so. when you speak with aids from his office, they say we will get involved, but we would like to see some good faith offer from the majority leader. aides from his office. right now that process has not happened. as for for action today in the senate, it's not going to be anything where they reached the fi
a country, we have the articles of confederation, and that government's two weeks, writing the constitution. this is where the second amendment obviously comes in. how did that all development? what's the -- >> guest: well, nowadays it's become fashionable among people who support gun rights strongly to pick out this or that quotation from this or that leader like samuel adams, thomas jefferson, or whoever and apply the second amendment was seen as a way to enable individuals to defend themselves and defend themselves against the government when it was tie tyrannical. that's a mismonsing. it was a political matter, the second amount. it was part of what became the bill of rights, and the reason for it is that when -- after the unhappy experience of the articles of confederation that led the founders to try to figure out a better way to govern the country, they came up with the constitution which we know is full of checks and balances, but as it was submitted to the states for ratification, it became clear that they might not get the nine states needed unless there were promises of still mor
between 40 and $65,000 a year will have to pay an extra two grand to the government. gregg: coming up we'll talk with republican nick mulvaney whose house budget committee is obviously on the forefront of the fiscal talk. so we'll try to get the latest from him in just a moment. patti ann: meanwhile, gregg, we have new warnings from the treasury department that if a fiscal deal isn't reached our government will have to turn to extraordinary measures when the debt limit hits its ceiling. $16.4 trillion probably on monday. fox business network's stuart varney joins us now. hi, stu. you say this is the big story people aren't talking about? >> it is a sleeper issue, patti ann. on monday the government officially runs out of money and it can not borrow anymore. so it will have to shift all kind of cash around to make sure they can pay their bills and maybe they can do that for a couple of months. means you can kick the can, eight weeks be maybe, until the absolute crunch comes. there are consequences to this. it could be that america will be downgraded again. after all back in august of 2011
. this morning they approve and extension of the farm intelligence v it allows the government to continue intercepting overseas communication. it extends legal immunity phone companies that help the government wiretap the domestic phone calls. president obama plans to sign the bill. when the senate is back we are expecting senators to continued work on the $60 billion hurricane sandy relief package. negotiations continue on avoiding the so-called fiscal cliff. both parties head to the white house today to discuss the fiscal cliff with the president. it's at 3:00 p.m. eastern in the oval office. senate in recess until 2:00 p.m. eastern when the senate reconveneses, live coverage here on c-span2. >>> and right now on c-span2 a conversation with nebraska senator ben nelson who is retiring after two terms. >>> retiring senator nebraska ben tell me sop. years that began with the 2003 recount and reended with re-election of president obama. if you could think of the adjective to describe these years what would it be? >> clearly interesting. challenging. sometimes totally frustrating. but also f
bit of fear into these people. it just shows the control the wealthy have over the government in both parties. host: more from "the washington post." they write -- back to the telephones. derrick from maryland on the line for democrats. your thoughts about the fiscal clause bill. caller: i think they will do a good deal if they can keep mitch mcconnell out of there. one of the things i really have a problem with, that is when thing i say democrats, let's get the ground game for 2014. republicansd of the at enter the house. let's take the house and just ran it all down their throats. host: we will move onto glen on the line for independents. caller: here is the problem that we have a. we have people that are working hard for the american people. we have a constitution. we have deviated from the constitution. host: who are the people working hard for the american people? caller: the american citizens. it takes two american citizens -- your mother and father have to be american citizens to be the president of the united states. we need to have a confirmation hearing. on the birth certifi
be slashed by 464 billion. 1,000 government programs face potential cuts, including three that directly impact air travel. john bentley has the story. >> reporter: long waits at airport security are nothing new. but if the u.s. government goes over the fiscal cliff, they could get even longer. according to one congressional analysis, the transportation security administration would lose more than $640 million in funding, roughly 7% of out budget. t.s.a. with would also lose over 7,000 security officers. safety would not be compromised. the passenger misery would increase. >> it could be a severe impact on the traveling public. instead of maybe one hour, you may be there two or three hours before. >> reporter: long lines would be the least of the problems. under the mandatory cuts of the fiscal cliff, the federal aviation administration would lose $800 million, and more than 2,000 air traffic controllers. fewer controllers mean fewer planes moving passengers and cargo. warns the air traffic controllers association. >> fb's pocketbook and livelihood is tied to the aviation system, so the
will govern more in the mode of his first two years when he was governor of massachusetts? they uniformly said they'd be disappointed and in fact labrador one of the stars of the tea party featured in my book said there would be an insurrection. people say we have been really boisterous. you have seen nothing yet. if president romney behaves like a conservative it's going to be the death of the republican party. >> i am just going to let that sit there for a second and let that sink right in. [laughter] let's come back to the leadership. i want to ask you specifically as individuals and as a threesome that way they do or do not work well together, boehner cantor and mccarthy. characterize each one in shorthand beginning with speaker boehner. >> john boehner is a washington lifer and was not the obvious choice to be leading this sort of tea party crafts. nonetheless you can see the tea party phenomenon for the trade -- freight train that it was an elected to be on the train rather than underneath it. speaker boehner campaigned heavily for a number of the tea party freshman andy also you know be
difficult for the federal government. people are wary of all of the uncertainty. they are keeping their pocketbooks closed during this all-important spending season. do you see that as an interesting perspective? >> i think at this point, here you have this santa claus rally which is a market phenomenon that makes sense until it doesn't. that works until it doesn't. coming into this season we would have a typical 1.7% increase in the s&p 500. now, we are dealing with questions that will remain unanswered until january. that uncertainty makes investors anxious. tracy: we have for trading days left. what should we be doing? what should people be doing over the course of the next couple trading days? >> i think people should really look at their capital gains. we are at a point now where capital gains is going up. it makes sense to take him and reposition them when we find out what will happen. lori: i have to tell you, i think stocks are the place to be. stocks, even emerging market stocks, there is a lot of strategy. how would you recommend it? >> i think equity because bond yields
geithner. it could delay the tax filings. the government relies on august revenue to come in and it usually comes flooding in during march and april. people need to pay their taxes, but they don't know which tax rules will apply. host: the other deadline is the debt limit. here at $16.4 trillion. guest: >> the treasury department can stop funding federal pensions and do some other maneuvers, essentially to buy them another six weeks of time. we all at this last year. closer they get to that is when financial markets will start going crazy. the debates we are having now about tax and spending will likely be the same debates we are having six weeks from now. host: there's the u.s. debt clock. you can also see how much that is for individuals and what protection is moving ahead. our guest is damian paletta of the wall street journal. the covers finances and congress and the white house. his work is available online. from the senate floor yesterday, these comments by the senate democratic leader harry reid. [video clip] >> the speakership all members of the house back to washington today. he sh
-ite-dominated government, the third in less than a week. protesters filled the streets in ramadi in anbar province chanting "topple the regime." the demonstrations began after police arrested ten bodyguards assigned to the sunni finance minister. >> reporter: the parliament of japan has elected shinzo abe as the country's seventh prime minister in six years. abe was sworn in today after being chosen by his conservative-leaning liberal democratic party. the party won power in this month's elections, for the first time since 2009. abe has called for bold measures to bolster japan's ailing economy. he previously served as prime minister from 2006 to 2007. russian lawmakers gave final approval today to a ban on americans adopting russian children. it's part of a series of reactions to a u.s. sanctions law targeting russian human rights abusers. in washington today, a state department spokesman called the ban misguided. and adoption groups in moscow said it would harm children most. >> ( translated ): today we don't have that number of russian families who are willing to adopt, and the children who go to adopte
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